BHP, RIO or FMg could unlock the value of the Flinders Ore body much faster and quicker by leveraging their nearby mine infrastructure and rail.... Just needs a spur.
Plus they can pull the FIRB Canberra strings if there is a threat to their operations. I also wouldn't rule out the Chinese bidding as well if the offer is good value. I just hope Citi and management don't give away our mountain of Ore for a song.... Ever the chart of Ore value comparisons I posted a few days ago.....we have a long overdue defacing of the Ore body now infrastructure looks like being resolved.
Any offer under $1 on current ore body valuations is insulting.
To Mr Russian (and Indian and Chinese...and Big Australians) advisors be prepare to get your big cheque books out...We ain't giving this away for a song.
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BHP, RIO or FMg could unlock the value of the Flinders Ore body...
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81.5¢ |
Change
0.015(1.88%) |
Mkt cap ! $162.8M |
Open | High | Low | Value | Volume |
81.0¢ | 81.5¢ | 81.0¢ | $3.721K | 4.588K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9688 | 81.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.5¢ | 464 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9688 | 0.810 |
1 | 4430 | 0.800 |
1 | 1235 | 0.765 |
1 | 39473 | 0.760 |
3 | 11573 | 0.740 |
Price($) | Vol. | No. |
---|---|---|
0.815 | 464 | 1 |
0.820 | 80 | 1 |
0.870 | 3723 | 2 |
0.890 | 2368 | 1 |
0.910 | 20000 | 1 |
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